BTC/USD Technical Analysis
Over the past week, the BTC Price has been stabilizing between 9.5K-9K. If it breaks 9.5K then it can retest 9.8K-10K. Both 9.2K and 8.5K are the Important Level.9.2K, BTC will be dumped at 8.5K if that break. 8.5K is the key level which can take correction to BTC 7.6K - 6.2K if broken
It drops today below $9,000 but got back again after an hour.
I think we are going drop again for a while.
the near fall is $7,000 and that is the lowest before the Final happen and the Bull comes .
It seems that the price is quite stable in $9k range even if it just touched the $8k level. I think it would continue to be like this for a week then start to touch back the $8k level but of course, there's a factor that would change the outcome such as panic selling or price manipulation. July is coming and I'm sure there is another trend that's going to happen to Bitcoin that time, let's just wait and see.
Thats wrong because it is not stable at 9k because we are falling a little below,Maybe the range of 8,500-9,500 is the strong level.